The financial planners at Financial Spectrum have put together a Federal Budget Review for the 2010 / 2011 financial year of the major highlights of the Budget from a financial planning perspective.  Included are changes to tax rates, superannuation, company tax and more.

From a financial planning perspective, this Federal Budget has few surprises.  There has been little in the way of “pre-election sweeteners” except for some concessional tax treatment for some non-super investments and a proposed simplification of the tax return process.  These changes however will not come into effect until after the next election, indicating that they will form part of the Government’s re-election plans.

Of benefit to many Australians in this Budget are the lack of “stimulus measures” and a greater emphasis on savings, as these may reduce the need for future interest rate rises.

Click to download our free Federal Budget Review

Share

Tags: , ,

One Response to “Australian Federal Budget Review 2010”

  1. Mei May 13, 2010 at 3:01 pm #

    I really like your review. It was really helpful and set the changes out clearly. Thanks.